80’s kids movie

Ok guys. This has been bugging me a long while now, so help would be much appreciated. Now I’m convinced the movie I am looking for was called ” the go cart kids” but can never find nothing on it. It was 80’s American very goonie esque. Kids think they find a ” lochness type “monster in a cave but turns out to be an oil pump. That’s all I can remember. Cheers


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